Digital Asset Firm Bakkt Predicts Crypto Market To Swell to $3,000,000,000,000

Digital Asset Firm Bakkt Predicts Crypto Market To Swell to $3,000,000,000,000


The digital asset firm Bakkt is projecting a big rise in the overall value of the crypto market.

In a new investor presentation, Bakkt predicts that the market cap of all crypto assets will grow to $3 trillion by 2025.

Source: sec.gov

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The current market cap of the crypto market is around $900 billion at time of publishing.

Bakkt made the forecast while announcing its plan to become a publicly-traded company via a merger with Victory Park Capital.

Bakkt, which is owned by Intercontinental Exchange, offers Bitcoin futures and is working to release the much-anticipated Bakkt App, which will allow users to pay for everyday items in cryptocurrency.

The firm has partnered with Starbucks, which is currently testing a Bakkt App integration on an invite-only basis.

Customers of the largest coffeehouse chain can use Bakkt cash to reload their

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